Reported 12 months ago
Following the launch of the Blue Carbon Project in mid-June, Taiwan's Carbon Exchange has now introduced removal-type carbon credits with around 10,000 tons from a reforestation project in Paraguay. The Environmental Protection Administration announced the 'Regulations for Greenhouse Gas Emission Allowance Trading Auctions and Transfers', set to be implemented on August 15, paving the way for the first batch of domestic carbon credits to be available by the end of September. The Carbon Exchange aims to provide a platform for carbon credit trading to monitor emissions reductions and prevent speculation, ensuring transparency and compliance with regulations.
Source: YAHOO